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Delta state transfers seized money to James Ibori-EFCC
The Economic and Financial Crimes Commission, in a bid to sway the court not to allow the return to Delta state of the $15million seized from former Governor James Ibori, has told a story of a past...
View ArticleAMCON takes over Wale Babalakin houses over GTBank N13 Billion debt
The Asset Management Corporation of Nigeria, AMCON, has taken possession of three property in Lagos and Rivers states, belonging to Chairman of Bi-courtney, Mr Wale Babalakin, over a N13.5 billion debt...
View ArticleCourt freezes Ogunbambo,Fargo Petroleum boss bank accounts,Parkview home
ANigerian court has ordered the freezing of bank accounts belonging to Mr Oluwaseun Ogunbambo of Fargo Petroleum and his mansion inside Parkview estate,Ikoyi. Ahmadu Ali’s son who is also standing...
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Facebook produce four of the world youngest billionaires
Dustin Moskovitz Facebook is idea in motion and those who were part of the tech giant from the start are now billionaires. Yes,people know Mark Zuckerberg the founder and chief executive officer of...
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Oba Tejuosho says Access Bank is reckless with Shares
The Osile of Egbaland, Oba Adedapo Tejuosho says he would do anything legal to seek redress in court over what he described as “reckless and negligence” of Access Bank in the management of his shares....
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Jonathan sacks Demuren DG NCAA
The Federal Government has ordered the removal of the Director-General of the Nigerian Civil Aviation Authority, Dr. Harold Demuren. A terse statement issued on Monday night by the Special Assistant to...
View ArticleEFCC arrest First Group Dubai officials in Nigeria
Nigeria anti-graft agency known as Economic and financial crimes commission (EFCC) on Tuesday arrested officials of First Group, a real estate firm in Abuja.First Group isinvolved in the marketing and...
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Nollywood Vs MTN:Kola Oyeyemi,Charles Igwe disagrees on biggest brand in Africa
By Niyi Tabiti, Kola Oyeyemi, the General manager consumer marketing of MTN Nigeria and Charles Igwe, husband of veteran TV producer,Amaka Igwe, disgreed on the biggest brand in Africa...
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Stanbic IBTC,Visafone sacks 310 employees
Not less than 300 staff of Visafone and Stanbic IBTC were sacked recently.Linda Ikeji, a popular blogger wondered why both companies sent so many people back into the labour market when there are no...
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Stock: Dangote Cement turns Goldmine
Aliko Dangote For gold diggers in at the Nigerian Stock Exchange, Dangote Cement is turned out a mouth watering deal.The stock jumped the 10 per cent cross line, rising to 178.2 Naira in an...
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GTBANK issues statement on Third Party Cheques-Gistmaster
Gtbank Plc says it would no longer pay cash on third party cheques above N150,000 over the counter.The bank management disclosed that the new policy is in line with Central Bank of Nigeria directives....
View ArticleCBN Governor Sanusi Lamido Sanusi,Maryam Yaro secret romance scandal-CBN to...
Since Premium Times broke the news alleging that the Governor of Central Bank of Nigeria, Mallam Sanusi Lamido Sanusi and one of his surbodinates,Mrs Maryam Yaro, a married woman are having a secret...
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Nigeria Is Committed To Stronger Economic Relations Between Africa And South...
President Goodluck Jonathan on Thursday in Abuja pledged that Nigeria will remain at the forefront of efforts to promote greater economic and trade relations between Africa and South America. Speaking...
View ArticleEurope Floods To Cost Insurers Up To $4.5 billion
Floods in central Europe last month may cost insurance companies $3.5-4.5 billion, only half of one previous estimate but more than was paid out for the last major washout in 2002, the world’s second...
View ArticleIMF May Trim Global Growth Forecast
The International Monetary Fund (IMF) may trim its global growth forecast this week due to the situation in emerging countries. This was made known by IMF Chief Christine Lagarde at an economists’...
View ArticleNigeria’s Revenue Drops To N806billion
The total amount of revenue generated by the federal government of Nigeria declined by 14.7 per cent to N805.91 billion in April this year. That’s according to the April release of the monthly economic...
View ArticleCorruption, Job Cuts In Greece Leads To Strike Action
A week of walkouts from city workers culminated in a rally outside parliament – rubbish collectors, bus drivers and bank employees demonstrated against government plans to fire thousands of public...
View ArticleNigeria, Kenya Hold Bilateral Talks
Nigeria and Kenya have signed an agreement for the establishment of a joint commission for cooperation. Speaking at bilateral talks between Nigeria and a Kenyan delegation led by President Uhuru...
View ArticleFinance Minister Says Government ‘Diligently’ Implementing 2013 Budget
The Coordinating Minister for the Economy and Minister of Finance, Ngozi Okonjo-Iweala, Tuesday said contrary to the perception in some quarters, the executive had been diligently implementing the 2013...
View ArticleShell Shuts Afam Power Plant
Power supply in Nigeria is expected to worsen as Shell Petroleum Development Company (SPDC) Joint Venture announced the shutdown of the 624 megawatts Afam VI Power Plant power plant on Tuesday. Shell...
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